Envestnet Asset Management Inc. reduce holdings in ARK Next Generation International ETF (NYSEARCA:ARKW)

Envestnet Asset Management Inc. lessened its stake in ARK Next Generation International ETF (NYSEARCA:ARKW – Free Report) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,645 shares of the company’s stock after selling 644 shares during the period. Envestnet Asset Management Inc. owned about 0.22% of ARK Next Generation International ETF worth $3,562,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC bought a new stake in ARK Next Generation International ETF in the second quarter valued at $310,000. Prudential PLC raised its stake in shares of ARK Next Generation International ETF by 38.5% in the second quarter. Prudential PLC now owns 132,350 shares of the company’s stock worth $10,339,000 after buying an additional 36,800 shares during the last quarter. Private Advisor Group LLC boosted its holdings in ARK Next Generation International ETF by 3.0% in the second quarter. Private Advisor Group LLC now owns 28,803 shares of the company’s stock valued at $2,248,000 after purchasing an additional 827 shares during the period. Verus Capital Partners LLC raised its position in ARK Next Generation International ETF by 4.5% during the 2nd quarter. Verus Capital Partners LLC now owns 35,392 shares of the company’s stock, valued at $2,762,000 after buying an additional 1,535 shares in the last quarter. Finally, Summit Financial LLC boosted its holdings in ARK Next Generation International ETF by 15.7% in the second quarter. Summit Financial LLC now owns 4,915 shares of the company’s stock worth $384,000 after purchasing an additional 667 shares during the period.

Share performance of ARK Next Generation International ETF

ARKW stock opened at $82.68 on Thursday. The firm has a market cap of $1.69 billion, a P/E ratio of 64.77 and a beta of 2.04. The company’s 50-day moving average price is $78.64 and its 200-day moving average price is $78.50. ARK Next Generation International ETF has a fifty-two week low of $49.92 and a fifty-two week high of $86.25.

ARK Next Generation International ETF Profile

(Free Report)

The ARK Next Generation Internet ETF (ARKW) is an exchange-traded fund that invests primarily in stocks based on a specific theme. The fund is an actively managed fund with a broad mandate to invest in companies that its managers have identified as benefiting from an infrastructure shift from hardware and software to cloud and mobile.

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